4617 S GRANDVIEW Avenue, Tempe, AZ 85282, Tempe, 85282 - 4 bed, 2 bath
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Tempe, AZ 85282
This Versatile Residential Asset is listed at $485,000, offering a competitive entry point compared to recent area sales and its $469,795 Fair Market Value. Featuring a functional 4-bedroom split-level layout and a Condition Rating of 3, the home is move-in ready with new interior paint and a covered patio. The 8,194 sqft lot and No HOA restrictions offer rare flexibility for vehicle storage or outdoor customization. Situated minutes from ASU and Mill Avenue, the property is primed for high rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility starter home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4617 S GRANDVIEW Avenue Subject | $485,000* List Price | 4 | 2 | 1,590 | $295 | - |
A 4526 S Terrace Road Sold | $525,000 | 4 | 2 | 1,732 | $303 | 1.0 mi |
B 434 E CARSON Drive Sold | $515,000 | 3 | 2 | 1,640 | $314 | 0.4 mi |
C 501 E HERMOSA Drive Sold | $539,000 List Price | 3 | 2 | 1,642 | 0.4 mi | |
D 100 E Geneva Drive Sold | $470,000 | 3 | 2 | 1,700 | $276 | 0.9 mi |
E 4706 S GRANDVIEW Avenue Active | $540,000 List Price | 3 | 2 | 1,640 | $329 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from recent cosmetic refreshes, including new interior paint and new carpeting in the bedrooms. While the kitchen and bathrooms feature dated aesthetics such as white coil-top appliances and older cabinetry styles, the components appear well-maintained and functional. The home has undergone enough partial updates over the years to remain in good condition despite its 1964 build date.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8194, living area = 1590.
The property's proximity to ASU, Mill Avenue, and major freeways makes it an exceptional opportunity for student housing or a high-demand rental investment.
The absence of a Homeowners Association offers owners significant freedom, no monthly fees, and the ability to utilize the large lot for 'toys' or storage without oversight.
Built in 1964, the split-level design and older construction style may require further modernization to appeal to buyers seeking contemporary open-concept living.
While the 'maintenance-free' backyard is functional for storage, the lack of established greenery or professional landscaping may detract from the home's overall curb appeal.
Wonderful central location for this great starter home or investment property in Tempe. Close to ASU and Mill Avenue as well as the freeways, shopping, dining and golfing. Might be a good fit for ASU students! Split level floor plan with 4 Bedrooms and 2 full Baths, new interior paint, new carpet in the bedrooms and tile floors in the main areas plus a wood-burning fireplace in the living room. A big laundry room off the back patio, a HUGE maintenance-free back yard (perfect for all the ''toys'') and a separate storage area. Plus no HOA! This home checks a lot of boxes and is now ready for your personal touches!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,590 | 1,737 | 29% |
| Lot Size | 8,194 | 8,355 | 45% |
| Price | $485.0K | $404.5K | 60% |
| Price per sq ft | $305 | $251 | 70% |
| Built year | 1964 | 1969 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 2155 | 1% |
Mar 12, 2026
$485,000
Initial Listing